Samsung Pay and mobile payment services of its ilk are only as good as the credit and debit cards they support. If you can't insert your bank or credit union into the app, you're still left swiping every time you get ready to spend money. Today Samsung has announced eight additional partners.

The newly supported banks and credit unions are:

Chase

Citizens Equity First Credit Union

Navy Federal Credit Union

Randolph-Brooks Federal Credit Union

Security Service Federal Credit Union

SunTrust

State Employees’ Credit Union

Virginia Credit Union

Samsung Pay is compatible with American Express, MasterCard, and Visa. Thanks to MST support, Samsung Pay works at most terminals that accept any of these cards.

Folks with an eligible Samsung device who have yet to try Samsung Pay can get $100 to spend at Samsung.com if they activate by November 30th. The coupon code can then be redeemed between December 15th and the 31st. Head to Samsung's website to sign up.

Press Release

NEW YORK--(BUSINESS WIRE)--Samsung Electronics Co., Ltd. announced today that Samsung Pay, the most accepted mobile payment system, now supports eligible Chase Visa® credit, debit and Liquid® cards, as well as debit and credit offerings from MasterCard issuers: Citizens Equity First Credit Union, Randolph-Brooks Federal Credit Union, Security Service Federal Credit Union, State Employees’ Credit Union, SunTrust and Virginia Credit Union. Samsung Pay also now supports Navy Federal Credit Union Visa® credit and debit cards. Cardholders of all these issuers will be able to use Samsung Pay to pay almost anywhere they can swipe or tap their card.

“With expanded support from eight additional issuers, including Chase and SunTrust, we look forward to building even more momentum around Samsung Pay,” said Injong Rhee, EVP of Samsung Electronics, Global Head of Samsung Pay. “Through our ever expanding ecosystem of financial partners, Samsung Pay users will be able to take advantage of the most widely accepted mobile payment solution.”

“Samsung Pay gives our customers another convenient way to pay with their Chase cards,” said Gavin Michael, Head of Digital for Chase. “They choose how they want to pay.”

All three major payment networks will continue to be supported by Samsung Pay: American Express, MasterCard and Visa, as well as major banks including Bank of America, Chase, Citi, Navy Federal Credit Union, SunTrust, U.S. Bank, and key partners including Blackhawk Network, First Data, Global Payments, Synchrony Financial, TSYS, Vantiv, and Worldpay.

SIMPLE: To make a payment on Samsung Pay, users can simply swipe up, scan their fingerprint and pay.

ALMOST ANYWHERE: Samsung Pay is compatible with most existing and new terminals, including most magnetic stripe, EMV and NFC terminals*. That means Samsung Pay works at more places than any other mobile payment service.

Comments

Banks obviously know Samsung Pay has more potential than Android Pay. What did you expect.

lzdking

Why do you think Samsung Pay has more "potential" than Android Pay?

ConceptVBS

It's accepted practically anywhere you can tap or swipe. Android Pay (and other NFC based payment systems) have limited availability due to prohibitive merchant adoption cost.

Another good thing about Samsung Pay is it also support NFC. So it uses both MST tech for legacy systems and newer tech (NFC) for upcoming systems. Best of both worlds.

lzdking

I guess having MST is a good temporary benefit. Since the burden of fraud has been transferred to merchants that use MST, it's not going to be much longer for them to do away with it anyways.
If the future is NFC and chip payments, seems like a bad long term plan to implement an outdated and very insecure method like MST into your mobile payment plan.

tim242

You are incorrect. The burden of fraud is not on merchants on MST transactions. Since it uses a digital card number that can't be used if cloned, the banks are on board the same as with NFC.

lzdking

Not true, unless the card doesn't tell the POS machine if it prefers the chip.

On that note, even if you use MST from your phone it will still process the flag for chip preference and will have to use the chip or NFC anyways.

tim242

You need to stop spreading ignorance. MST transactions work the same as NFC, they use virtual numbers. Because it works the same, it does not trip the chip flag. The physical card has the chip. The digital number is different, and is not attached to a chip. I use Samsung Pay for MST transactions daily, at Non NFC chip terminals...like Walmart and Target. Get educated.

My Galaxy Prime

Not true. I just used it and my Chase card has a chip. The POS never asked me for one.

tim242

Now, stop pretending you know what you are talking about. See screenshots.

Eric Cartman

SamsungPay uses a virtual number that will tell the PoS that it doesn't have a chip, allowing you to "swipe", however in the track data that is passed over the "swipe", it will contain a prefix telling the payment processor that the data is actually EMV Data (ie: Chip Data). So it will be processed as if it was a chip transaction, from a liability point of view.

X-47B

You know the reason very well, yet acting dumb...

lzdking

No I don't, that's why I asked. You sure demonstrated your ignorance though.
Still doesn't make sense to me. It's only available on Samsung devices released within the last year. Seems like a factor that is very limiting in its potential. Android Pay is available on all NFC enabled devices.

tim242

MST.

Keith Taylor

Girl you sure do make your rounds dont you..lol

thespacecowboyx

I added my Chase debit card today no issues. Now I need to try the magic :)

It would be cool if I could add my Google Wallet card, and use my wallet balance, but not holding my breath waiting for that to ever happen.

Kylecore

Still waiting for it to come to Canada.

godutch

I am really eager for samsung pay to come to holland, looking to thin out that wallet

sgtguthrie

Stull no USAA...damn it!

ConceptVBS

Leave them a request.

sgtguthrie

I have been...

shojus

USAA has been excellent to me ever since I joined the Military, about 13 years ago. The problem is that they have been slowly going downhill and increasing their fees and taking away member perks and also making it harder to do things that were so damn easy before! They also just raised my insurance premiums so that was really the last perk, and why I continued to stay with them. I think it's time to say farewell to USAA for good now.

shamatuu

Why chase isn't on Android pay yet on Samsung pay like really?

Indianajonze

chase is shameful. seriously considering dumping them. you won't support android pay, which is available for all android phones, but you will support samsung pay, which works on select samsung devices? where's the logic?

ConceptVBS

Its ability to be used in more places than any Android Pay system. With Samsung, you can still use both: Android Pay and Samsung Pay on one device. You can even use Google Wallet on Samsung.

Indianajonze

which is counterbalanced by the limitation of its ability to be used on 3 phones

My Galaxy Prime

It's still early in the game. Android Pay is much newer than Samsung Pay. Give it time.

Indianajonze

unless you count when it was google wallet. in that case it's been around forever. in fact, that's how i'm able to use my chase card currently. legacy users are grandfathered in. chase has no excuse here

My Galaxy Prime

I was stating it was a separate company from Google Wallet since Google technically is. I used my Chase card with Google wallet also. Honestly, I have no idea why they just didn't build on Google wallet. Maybe because Google looks at Android Pay as a different company, Chase is doing the same

tim242

You are grandfathered by Google allowing you to use it through their virtual bancorp card. With Android Pay, it is directly through issuers. You can't compare the two. Android Pay is new.

Indianajonze

ok buddy. i beta tested google wallet. it is functionally identical to android pay in every way and in fact even lost some features. it's not new. it's rebranded. kind of like research in motion changing their name to blackberry. is it new? meh ok kind of. but it's the same

tim242

Ummm no. I used Google Wallet from the beginning. The only thing that is the same, is tapping to make a payment. It is far from just a rebranding. I hope you are being sarcastic. Otherwise, you are quite in the dark. For a while, you were requires to load money on a Google Wallet prepaid virtual card, in order to make NFC payments. No credit or debit cards could be used for payments. Then they changed it up to allow any card to be used. In order to do that, they used a virtual card, and charged your card of choice. Your actual card was never used at merchants. It was a loophole that allowed any card to be used. Issuers did not like that. It was not reported as a card present transaction. It was simply Google charging your card for a purchase you made with their card. For this reason, points didn't apply properly. Android Pay was formed from the technology that Google got from the ISIS/Softcard purchase. With Android Pay, Google isn't a part of the equation at all. You add your actual card through your issuer in the app. Your issuer issues you a virtual card number that is attached to your card. When you make a purchase, it is the same as swiping your actual card. It reports as card present, and points apply correctly. Google Wallet did not have this capability. It was added in Android Pay, thanks to the ISIS/Softcard acquisition.

Yury H

Chase is working on their own version of NFC payments (Chase Pay?) that's why they're taking so long to bring Android Pay support.

What's up with Capital One? They appear to be lagging on both Samsung and Android Pay..... Annoying.

JW

Still waiting for them to make it work on older Samsung phones. People shouldn't need to spend $800-$1000 to buy their latest phones to use it.

Keith Taylor

I know that they said that they would but I dont know how it would work without a finger print scanner.

kamiller42

Note 4 has finger print scanner and no Samsung Pay.

tim242

No MST...

JW

Just use regular PIN/pattern/smart lock

Detonation

Not gonna happen. Only the S6 and later has the loop pay hardware in it.

JW

A lot of users wouldn't mind limit to NFC only

tim242

Can you imagine the confusion when people try to use it where NFC is not supported? You can use Android Pay.

My Galaxy Prime

If you have an older Samsung device and you manage to download the SamsungPay apk (you can find it in the Play Store), you would only be able to use the NFC part of Samsung Pay. If you can't get the app, you might as well download Android Pay since it's theoretically the same thing. If you do purchase a new phone specifically to use Samsung Pay, you're paying for the MST technology. Unless that is really important to you, there's no point to upgrade and just download Android Pay.

Same problem here. I called SECU and was told they still don't support Samsung Pay but may in the future. They couldn't or wouldn't explain why they were now listed as a supported bank on Samsung's site.

Elislurry

Just tried to register my State Employees Credit Union card and it said that my card issuer wasn't supported yet, anybody else having trouble registering with the newly added banks?

Anthony820

Check my post 7 minutes before yours...

Elislurry

I chatted with support and they told me end of the year for SECU, why the hell is it listed as a supported bank on the Samsung site if its going to be months before it actually is?

My Galaxy Prime

I just added Chase. No issues for me. I'm going to try it out as soon as I can

Travis Williams

Me too. It won't accept my SECU card as well. Whats funny is that the press release states Mastercard issurer State Employees' Credit Union. SECU has always had VISA. Wonder whats up with that.

thespacecowboyx

Do these promotions stack? i.e. can I claim the free wireless charger, the $50 credit they advertize for tmobile, AND the $100 from Samsung directly? I'll try for sure...

shojus

I second that! I wanna know if I can double dip with two different cards?? Anyone know??

Wjdzm

People bitching about not including their bank and this feature is only for the latest galaxy model are just beyond retarded.

abhishekkai08

Why are they donating $100 only for using their service? Are you required to pay a subscription fee to use Samsung Pay?

shojus

No sub fees! They just want everyone who owns those devices to try out Samsung Pay and then after you do, you will keep using it most likely (because it's cool as shit) and then they make that money right back because they get a slice of every transaction that goes through that nice lil Galaxy device that you own.